Audio By Carbonatix
Government will soon begin selling 15 and 20 years bonds specifically to finance infrastructure projects in the country.
The sale of these long-dated bonds by government is part of plans to reduce the country's heavy dependence on donors and local banks for infrastructural projects.
Finance and Economic Planning Minister, Seth Terpker, told Joy Business his outfit is analysing how these bonds would fare on the market before issuing them.
He notes that a careful analysis of the long-dated bonds market will guide government towards making the best returns on them.
But economist Dr. Joe Abbey believes issuing such long-dated bonds to finance the country's infrastructural projects is long overdue.
He however cautioned government to ensure proper management of such long-term bonds.
He also asked government to ensure that it manages Ghana's macro economy well else potential investors may perceive the country as a risky customer.
He noted that Ghana's current macro economic situation does not look good and urged that more work be done to upgrade the current situation.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
SOS Children’s Villages Ghana deepens partnership with Gender Ministry
7 minutes -
Gender Ministry celebrates Christina Koch, reaffirms commitment to empowering girls
20 minutes -
Live stream: Newsfile digs into E&P’s takeover of Damang Mines, OSP powers and Anti-LGBTQ Bill
29 minutes -
Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive
1 hour -
Zambia elevates tourism education to national priority as President Hichilema backs continental summit
2 hours -
Activa promotes credit insurance to boost SME export growth
2 hours -
ILTM Africa 2026 opens doors to inbound and outbound luxury travel in Cape TownÂ
2 hours -
“BP Soul Travel and Tours scored the highest marks” – Sports Minister Kofi Adams endorses agency for World Cup travel
2 hours -
‘At the age of 12, I was teaching people and collecting money from them’ – Forty Under 40 Awards
3 hours -
I broke my virginity at the age of 26 after university – Richard Abbey Jnr.
4 hours -
Sacked for fees, saved by faith: The untold story of Forty Under 40 Awards founder Richard Abbey Jnr
5 hours -
GCB Bank surges GH¢0.45, ETI gains GH¢0.06 as GSE ends week higher
5 hours -
Two teens jailed 55 years for robbery
6 hours -
UDS demands apology for MPhil student wrongly branded as Tamale robber
6 hours -
“We don’t sell fish!” – Tema Shipyard CEO hits back over dead fish discovery
7 hours